Spring Hill Center

Analysis

Spring Hill Center is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Spring Hill Center reported income of $357k and spending of $301k, spending 84% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $437k to $357k (-18%), an average of -9.5% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Hill Center sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within NH. Charities of a similar size with the same main cause include The Arc Susquehanna Valley ($357k), American Family Education ($357k) and Palmyra Community Library ($357k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.8% and program service revenue 91% of the total. Other salaries and wages came to $151k. At year end it held assets of $914k against liabilities of $325k, net assets of $589k.